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relating to the fiscal cliff is dana bash. she joins me now from washington. dana, great to see you again. tell me does even a band-aid approach work? >> it's going to be tough. this is all math. but it really has to do with the math with regard to votes. and democrats especially who i'm talking to in the senate which is probably where this will originate, the reality is that democrats don't hold a very big majority. her going to need to have a handful of republicans to cross party lines and vote with them on the whole concept of raising any taxes. especially what the president wants which is something that is raising taxes on all americans making more than $250,000. that's the senate. never mind the house, which of course, made clear to the house speaker that they won't even go for something that's a million dollars or more when it comes to tax increases. that was last week. >> dana, you were saying that when you were reporting on it when it was breaking that evening, you called that devastating for john boehner. now that house republicans have clearly rebelled against john boehner, can
christmas, dana bash. >> you, too, alina. i'm dana bash in d.c. let's get started. up first. be careful what you wish for. those dreaming of a white christmas could be in for a whiteout. extreme weather is on the way christmas day and on the way for many. millions could be in store for a foot of snow or more. it could be even a rare white christmas down south along with a threat of tornadoes. more on the holiday storm and all the delays. good morning, merry christmas. >> merry christmas. >> give us the good, the bad and the ugly. >> unfortunately, for travelers, yesterday was pretty bad but today could be worse. dangerous lightning flaring up at this hour across louisiana and arkansas and behind it snow starting off as a mixture of sleet and freezing rain in places like oklahoma city and little rock, arkansas. lightning moving into dallas and stone yo this hour, so the severe weather threat in terms of tornadoes exist today across a good portion of the gulf coast and the south, including jackson, mississippi down to hattiesburg and pensacola and as far west to beaumont, tecumseh, a widesprea
. chief white house correspondent, jessica yellin, and senior congressional correspondent, dana bash. jessica, first, to you, the president's back in washington, wheels down. he left his christmas vacation early. but was this just a bit of showmanship, or has he been working on something specific? >> reporter: hey, john. well, today has been a bit of a quiet day here at the white house. publicly, the president has been scarce, no sign of him. behind closed doors, i'm told a few meetings internally, but mostly, relatively quiet. i expect we will see more from the president, perhaps we could even see him publicly tomorrow. perhaps he could even meet with or talk to some of the congressional leaders. the president's role in all of this, he can get each of the leaders to come closer on what the white house believes is already, pretty clearly, the framework for a final deal, and he can also go out and lobby the american people to pressure congress to get something done. again, the democrats are insistent that they have been clear on the outlines of what a deal would look like, to raise ta
around out there. dana bash talking to her sources on capitol hill, she says there's kind of a push for us to go over the fiscal cliff and then taxes will rise, right, but then congress will reconvene on january 3rd and vote to cut taxes. is that appliable solution in your mind? >> it kind of it, pretty much what i feel will happen. they have a little bit of wiggle room. the majority of this is not going to be felt until 2014 for the majority of the income tax rise so that causes congress to force them to make a deal knowing that we actually are operating under a higher tax rate right now, even though americans won't feel it, so it's almost like an additional leverage for those who actually want to make a deal and get something done. i just want somebody, like starbucks, we all need to come together. >> and quit kicking the can down the road, darn it. >> exactly. >> ryan thank you for being with us this morning. >> thank you. >> ryan has been with us all week tackling the fiscal effects on your pocketbook. tomorrow, what the fiscal cliff means for your retirement. >>> from the stran
of tax hikes and spending cuts due to start just five days from now. dana bash is in washington. great to see you. within the past hour, senate majority leader harry reid spoke on the floor. he really gave it to john boehner. he got pretty personal. >> he did. he really laid the blame at boehner's lap. talked about the fact that he was surprised that the house isn't even in session, which is true, but let's get real. the senate came back into session this morning. most importantly, he was very, very pessimistic about getting anything done before we reach that fiscal cliff. listen to what he said. >> the speaker just has a few d days left to change his mind, but i have to be very honest, mr. president. i don't know time wise how it can happen now. >> let me kind of lay out the state of play. i'll try to keep it out as much as possible. this is something everybody is focused on. the ball is in the senate's court right now. so what senator reid, who you saw earlier, and the president, what they are trying to figure out is whether or not they can craft what the president called a scaled-ba
as of monday night without a deal. so pretty tight timeline there. >> what is the thinking at this point, dana bash, that most congressional leaders feel like going over the cliff, whether they will say it publicly is one thing, but going over the cliff might be better, because on the other end of it, you can vote for tax cuts versus raising taxes for a certain number of americans, politically speaking, isn't that a better scenario for them? >> it may politically be a better secenario for some congresspeople. but it will be a catastrophe because of public opinion, the way markets would respond on january 2nd. i think politically obviously it saves a little face, particularly for some republicans who don't want to vote for tax increases. taxes increase automatically, but it isn't without consequences and we're trying to get a sense today -- the meeting that you mentioned, 3:00 p.m. at the white house, congressional leaders with the president and vice president. coming out of that, i think we may have a better sense of exactly what direction this is going. if there is maybe a little bit of a kum
it. congratulations. >> i'm alina cho. i'll be back. >>> you know, dana bash is the -- she's good on capitol hill. good morning and merry christmas. >>> stories we're watching in the newsroom on this christmas day. pope benedict xvi tells people not to up hope even in the world's most troubled reasons. his appeal for peace. >>> and it's not the grinch stealing christmas cheer. it's the weather. blizzard warnings may turn your white christmas into a travel nightmare. and tornados threaten the south. your forecast is coming up. >>> and we're seven days away from going off the fiscal cliff and with washington in a political gridlock we're getting closer and closer. the question, how will it affect you and your paycheck? >>> the images, the words, the names, highlights and low lights of 2012. "newsroom" starts now. >>> good morning to you. i'm carol costello wishing you and yours a merry christmas and we begin with pope benedict xvi using his an i'll christmas message to speak about the hope for peace even in the most difficult times and situations. >> translator: in this world there'
Search Results 0 to 6 of about 7